According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...
Anyone can file an updated return except in specific situations. It doesn’t matter if you already submitted an original, ...
The delay is due to non availability of online corresponding utilities for ITR forms. (Image: Pexels) Filing Income Tax Returns (ITR) is a vital responsibility for every taxpayer in India. It ensures ...
If you are a salaried person and like every year, this time also you are preparing to file Income Tax Return (ITR) under the old tax system, then wait a bit! This time the rules have changed a bit.
With just a day left to file Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26, the Income Tax Department has announced that over 6 crore returns have been submitted so far. On the social ...
ITR verification must be completed within 30 days to avoid penalties Unverified ITR is treated as not filed by the tax department Aadhaar OTP is the simplest method for quick ITR verification ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
The income tax department will deny TDS credit and flag your ITR if it detects discrepancies between the TDS information reported in your return and that provided by the deductor. Ensuring accurate ...
ITR Filing for AY2024-25: Income Tax Filing is mandatory for every individual with an income over the basic exemption limit. The Income Tax Department has extended due date for filing an ITR without ...